Interest rate for CPF Special & Medisave A/C remains at 4%
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SINGAPORE: CPF members will continue to enjoy a risk-free interest rate of four per cent on their Special and Medisave Accounts (SMA) from April 1 to June 30, 2013.
Savings in the SMA currently earn either four per cent, or the 12-month average yield of 10-year Singapore Government Securities (10YSGS) plus one per cent, whichever is higher.
The interest rate on SMA savings is adjusted every quarter.
It is based on interest rates on 10YSGS over a preceding 12-month period.
The average yield of the 10YSGS plus one per cent, from March 1, 2012 to February 28, 2013, works out to 2.44 per cent.
-CNA/ac -
Risk Free Investment.....
Can put in only....
Cannot take out...
If take out.... have to exchange with NRIC....
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Huat ah.
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there is a limit to the amount of having 4% interest.
why always telling half the truth?
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really ?
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Retire at 55 can take out cpf or not?
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Originally posted by charlize:
Retire at 55 can take out cpf or not?
55 or 63 ?
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Originally posted by Just_do_it_lah:
55 or 63 ?
What's the retirement age now?
85?
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Originally posted by charlize:
What's the retirement age now?
85?
Retirement ?
what retirement ?
everyone is Singapore (Poor people) work til we die.....
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When you have no strength due to old age, how to work?
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Originally posted by charlize:
When you have no strength due to old age, how to work?
work online
can earn money also....
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No money buy computer so how?
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When can take back cpf?